BTC
Grayscale Bitcoin Mini Trust · Grayscale
Tech & Innovation
1Y Return
-29.9%
Expense Ratio
0.15%
AUM
$4.8B
Dividend Yield
0.00%
Avg Annual Growth (Since Inception)
+43.0%
Issuer
Grayscale

Overview

Spot bitcoin at the category's lowest fee — Grayscale's low-cost answer to its own expensive flagship, seeded from GBTC's coins under the boldest ticker in the market.

Top Holdings

TickerHoldingWeight
BTCBitcoin (Coinbase custody)100.0%

Fund Details

Benchmark
CoinDesk Bitcoin Price Index
# Holdings
1 (BTC)
Inception
Jul 2024
Exchange
NYSE Arca
Structure
Grantor Trust
Distribution
None
Avg Annual Growth (Since Inception)
+43.0%
Avg Annual Yield (Since Inception)
0.00%

Investment Thesis

Grayscale watched GBTC bleed assets over its 1.5% fee and answered with this: the same bitcoin, spun into a mini trust at 0.15% — cheaper than every major rival — wearing the ticker 'BTC' itself. For buy-and-hold bitcoin exposure, fee is nearly the whole differentiation game, and this fund wins it. The asset's -30% year is the same story across every spot fund; the wrapper choice is about cost.

Who It's For

Long-term bitcoin holders who want the cheapest possible wrapper and the simplest ticker. Traders needing deep options liquidity still go to IBIT; savers come here.

10-Year History

Annual Closing Price
YearClose% Chg
2016----
2017----
2018----
2019----
2020----
2021----
2022----
2023----
2024$30.07--
2025$43.00+43.0%
Annual Dividend Yield
YearYield
2016--
2017--
2018--
2019--
2020--
2021--
2022--
2023--
20240.00%
20250.00%
Annual AUM
YearAUM% Chg
2016----
2017----
2018----
2019----
2020----
2021----
2022----
2023----
2024$4B--
2025$6B+50.0%

Historical figures are ETFHub estimates modelled from asset-class return patterns and may differ from official fund records. Data as of August 2026.

Markets. Intelligence. Daily.

Full briefs on 400+ ETFs, curated daily ETF news, and a free weekly deep-dive newsletter — all on ETFHub.

Get the Free Weekly Brief Explore the ETF Portal Official Fund Page →